Save up money for the small (3.5%) down payment, find every way possible to build your credit, and develop a consistent income or stable work history.

@Travis FrenchakMaybe you need to buy land and get some construction going, a development.

The development project he spoke of has been on record with the city since 2008.

If you are a contractor you can increase your research and development expenditure.

Currently working for a Contractor/Developer here in Miami, FL and have always been surrounded by the world of real estate. 

How do I get an actual cost estimate of what development would take?

The strategy is to learn from others to ultimately develop your own way of doing business.Good luck!

I saw a property that has a huge land, but the land does not seem to be good for further development as smaller lots for single families (because it has narrow front facing the street) — see the attached image.I have an idea to build a small road as the image illustrates below, and then subdivide the land into smaller pieces to build single family homes.I have two questions about building the street:  1.

Owner/Developer was in a pinch with her construction loan coming due, negotiated over $40k off original asking price to help her close.

Location: Florence, SCShort Term Goals: - Purchase 1 SFH property by end of the month, convert to a multi family, rent out- Complete my business planPersonal Development: - listen to all BP Podcast episodes starting from Episode 1 (currently on Ep. 25)- listen to Rants & Gems podcast - re-read The Book on Flipping Houses and ABC’s of RE investing- read Estimating Rehab book and the E-Myth- utilize @tuckermerrihew resourcesBiggerPockets Goals:- get at least 3 responses on my first two posts- improve deal analysis accuracy on the BRRR calculator and Rehab estimatorglad to contribute to the community